MEC Company Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	20,947	18,234	14,020	16,329	15,038
Revenue Growth (YoY)	14.88%	30.06%	-14.14%	8.58%	25.78%
Cost of Revenue	7,970	7,132	5,703	6,525	5,715
Gross Profit	12,977	11,102	8,317	9,804	9,323
Selling, General & Admin	5,848	5,205	4,605	4,469	4,060
Research & Development	1,379	1,333	1,219	1,330	1,323
Operating Expenses	7,229	6,539	5,824	5,799	5,383
Operating Income	5,748	4,563	2,493	4,005	3,940
Interest Expense	-6	-1	-	-	-
Interest & Investment Income	74	83	66	60	64
Currency Exchange Gain (Loss)	208	7	110	116	80
Other Non Operating Income (Expenses)	19	23	7	59	14
EBT Excluding Unusual Items	6,043	4,675	2,676	4,240	4,098
Gain (Loss) on Sale of Investments	23	-	-	-	-
Gain (Loss) on Sale of Assets	11	13	563	7	6
Asset Writedown	-152	-19	-21	-23	-13
Other Unusual Items	547	-	-	-	-
Pretax Income	6,472	4,669	3,218	4,224	4,091
Income Tax Expense	1,444	2,378	914	1,160	1,142
Net Income	5,028	2,291	2,304	3,064	2,949
Net Income to Common	5,028	2,291	2,304	3,064	2,949
Net Income Growth	119.47%	-0.56%	-24.80%	3.90%	84.89%
Shares Outstanding (Basic)	18	19	19	19	19
Shares Outstanding (Diluted)	18	19	19	19	19
Shares Change (YoY)	-1.32%	-0.65%	-0.85%	0.07%	0.09%
EPS (Basic)	272.11	122.35	122.24	161.19	155.26
EPS (Diluted)	272.11	122.35	122.24	161.19	155.26
EPS Growth	122.40%	0.09%	-24.16%	3.82%	84.73%
Free Cash Flow	1,244	3,471	84	3,238	2,347
Free Cash Flow Per Share	67.32	185.37	4.46	170.35	123.56
Dividend Per Share	-	45.000	45.000	45.000	35.000
Dividend Growth	-	-	-	28.57%	34.62%
Gross Margin	61.95%	60.89%	59.32%	60.04%	62.00%
Operating Margin	27.44%	25.02%	17.78%	24.53%	26.20%
Profit Margin	24.00%	12.56%	16.43%	18.76%	19.61%
Free Cash Flow Margin	5.94%	19.04%	0.60%	19.83%	15.61%
EBITDA	6,571	5,379	3,266	4,764	4,682
EBITDA Margin	31.37%	29.50%	23.29%	29.18%	31.13%
D&A For EBITDA	823	816	773	759	742
EBIT	5,748	4,563	2,493	4,005	3,940
EBIT Margin	27.44%	25.02%	17.78%	24.53%	26.20%
Effective Tax Rate	22.31%	50.93%	28.40%	27.46%	27.91%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.